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← Retas Leeds

2024-03-31-accounts

RETAS Leeds

Charity number 1121330

A company limited by guarantee number 06365085

Annual Report and Financial Statements

for the year ended 31 March 2024

RETAS Leeds

Annual Report and Financial Statements for the year ended 31 March 2024

Contents Page
Trustees' report 2 to 7
Examiner's report 8
Statement of financial activities 9
Balance sheet 10
Statement of cash flows 11
Notes to the accounts 12 to 18

Prepared by West Yorkshire Community Accountancy Service CIO

1

RETAS Leeds

Trustees' report for the year ended 31 March 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Robert Gosling Matthew Thornfield Elizabeth Campbell Michael Baynham Mary Campbell Susan Waterson Richard Taiwo appointed 13 July 2023 Mohammed Aslam appointed 13 July 2023 Charity number 1121330 Registered in England and Wales Company number 06365085 Registered in England and Wales Registered and principal address Bankers 233-237 Roundhay Road HSBC Epworth Investments Leeds PO Box 105 9 Bonhill Street West Yorkshire 33 Park Row London LS8 4HS Leeds LS1 1LD EC2A 4PE

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 10 Sep 2007. It is governed by a memorandum and articles of association amended on 8 Oct 2007. The company registered as a charity 22 Oct 2007. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed upon recommendation by another RETAS board of trustee member or staff member and are voted onto the board of trustees by other board members at board meetings.

2

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2024

Objectives and activities

The charity's objects

The relief of refugees and asylum seekers in Yorkshire and Humberside who are in conditions of need, hardship or distress by the provision of education assisting in the relief of their unemployment and assisting their integration into society.

The charity's main activities

We believe that every refugee and asylum seeker can reach their potential here in the UK. We work closely with refugees and asylum seekers as well as the wider community in West Yorkshire to make this a reality.

We work to integrate refugees and asylum seekers by assisting with access to education, requalification, training and employment and strive to build confidence and hope in our clients.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular how planned activities will contribute to the aims and objectives they have set.

Achievements and performance

RETAS remains a well-respected charity that supports the social, cultural and economic integration of refugees and asylum seekers in West Yorkshire. RETAS supported over 4005 new and existing asylum seekers, refugees and other venerable clients and over 10,800 related cases during 2022/23. We have remained responsive to client needs and aspirations of asylum seekers by evolving our service delivery and developing new pathways and partnerships. The support RETAS delivers is based on expertise, compassion and hope, ensuring that our clients feel welcomed and become fully integrated. This spirit reflects the RETAS Mission, revised this year, to strengthen our focus and consolidate our work. In offering an overview of RETAS work and key achievements in 2023/24, it captures our key challenges, opportunities, and aspirations. RETAS has a team of 26 staff. We are proud that 73% have lived experience, demonstrating our continued commitment to positive and inclusive recruitment practice. There have been new appointments during this period which reflect both RETAS ambition and its determination to address some of its challenges. These include a new Fundraising and Communications Manager, a Digital Skills Trainer and ICT Officers. We have also expanded the team of ESOL teaching staff to support delivery of a broader curriculum.

A major achievement was the matrix standard for Information, Advice and Guidance. We successfully maintained the standard which can be retained for 3 years, subject to annual continuous improvement checks. This was a comprehensive assessment across all areas of RETAS and lasted 4 days. The report stated, “the organisation is well respected across the city and has shown great agility and resilience……”.

Areas that were reported to be working well included:

We are immensely proud of the outcome and particularly the narrative of the assessor.

3

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2024

Advice And Advocacy Support

RETAS’ specialist service provision to support the city’s new asylum seekers and refugees, Welcome to Leeds, exceeded its target of 250 and supported 460 clients. The focus on orientation, wellbeing, confidence and creativity, volunteering, through environmental conservation and community engagement is continuing to engage and inspire this group of clients and provide a valuable resource for the city.

RETAS registered with the Office of the Immigration Services Commissioner (OISC) in March 2024 to provide specialist advice. OISC regulates immigration advisers ensuring that they are fit, competent and act in their clients' best of interest. RETAS has been awarded OISC level 2 registration. A solicitor from Hallam University offered professional support. This has been a significant achievement in being able to offer this service to our clients.

RETAS continues to explore ways of supporting clients. The distribution of SIM cards has been successful and well received. A total of 93 SIM cards distributed during the latter part of this period has helped to ensure connectivity for individuals and families. Moving forward, we plan to continue our partnership with the National Databank and potentially expand our distribution efforts to include more providers and a larger number of SIM cards.

Volunteer Development

RETAS Volunteer Development remains an integral part of RETAS as they continue to support, complement, and enhance service provision. RETAS benefits from high calibre volunteers from different backgrounds. Their knowledge and experience provide support to different aspects of RETAS work including the Teaching and Learning Team, Advice and Advocacy, Fund raising, Finance, Digital and IT delivery and Reception services. They are also involved in targeted pieces of work to meet specific client need. An example of this is the Higher Education (HE) workshops where volunteers, building on their own experience are equipped with the skills to help deliver awareness sessions and application support to those considering HE.

RETAS provides placement opportunities for students from a refugee background, many of whom face additional barriers to securing work experience in this and other sectors. Another crucial aspect is that it encourages and supports them to build a professional network given connections with people in the industry can be helpful in exploring or finding future employment opportunities.

Additional opportunities to develop networks and confidence are provided by a range of social activities. RETAS continues to support Leeds Refugee Forum in hosting and taking part in the annual Leeds Refugee World Cup. RETAS also hosts regular celebration events to reward and recognise volunteer achievements.

During this period, RETAS supported 45 volunteers (85% with lived experience). They provided 18 languages and were from 22 countries. One of the challenges is volunteer retention. The cost-of-living impact is still real and continues for many, presenting additional financial barriers to sustaining volunteering. Although RETAS reimburses travel expenses and provides refreshments there are still pressures on those who offer us and our clients their services. Despite these challenges, RETAS volunteers supported 183 clients with an array of issues and thus continue to be a valuable asset to the organisation.

Teaching and Learning Team

RETAS continues to offer a successful ESOL programme, funded by Leeds City Council.

There have been a number of staffing changes during this year but despite this, the teaching team has over delivered on their Adult and Community Learning (ACL) commitments in term 3 and has been successful in securing additional ACL funding for the forthcoming academic year 2024-2025. However, the most important achievement was the outcome of the OFSTED inspection. A team of Inspectors came to Leeds to inspect its provision but within that, conducted a “deep dive” into ESOL provision. RETAS was one of only four providers included in the sample. They spent two days observing delivery, interviewing clients and staff and scrutinising processes and procedures. Being a significant part of an Outstanding outcome was a huge achievement for us and the city.

The table below includes data from the academic years which straddle the period of this report:

4

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2024

A challenge for RETAS is retaining learners (demonstrated by the column titled retention). The nature of our learners and their changing circumstances such as transition from asylum to refugee status and/or inadequate housing can mean that learners do struggle to attend. However, the above table highlights significant improvement this year comparing to the previous years.

Partnership Working

RETAS has forged successful partnerships for a number of years. It continues to develop and expand its network in response to client need and our ambitions for the organisation. Arrangements with some partners include delivery on site, DWP for example and with other we have established specific referral protocols to provide the most appropriate, efficient and effective support for clients.

699 client referrals were made to our partner organisations during this period. Partners include Leeds City Council services, particularly the Housing Options service, DWP, the Red Cross, BEAM, PAFRAS, LASSN, Migrant Action, Leeds Refugee Forum, Sheffield Hallam University.

Plans for future periods

Key challenges for the future

1. Sustainability

Competing in a highly competitive and diminishing funding environment is challenging. It is a challenge faced by many charities but there are perhaps some specific pressures attached to the work with this particular client group, that can compound the situation. The move away, in recent years, from localised funding to more regional/national arrangements can be prohibitive for organisations such as RETAS.

Management Information

It is recognised that the existing MIS arrangements are no longer fit for purpose. There are multiple systems in place, they are fragmented and incomplete. The systems do not all have the capacity or agility to meet the evolving demands of RETAS. They are constraining us in improving the information we capture to profile our clients, the data we need to report and analyse our performance and most importantly, providing a coherent picture across all aspects of our work. Improvements are needed so we can better measure impact, quality assure, plan and compete for funds.

Multiple and Complex client need

Recent legislative change and social pressures have left a legacy that can negatively impact the health and wellbeing of our client group. This manifests itself in many ways.

Next Steps

RETAS will focus on a number of key areas to take the service forward in 2024/25. Although all separate workstream, they combine to form a coherent steer for business improvement, client satisfaction and sustainability.

2. Diversifying funding sources

The appointment of a new Funding and Communications Manager will target a specific resource to sourcing and securing future funding.

This development will help RETAS to respond, consolidate its funding base and be more agile in a dynamic marketplace. There are also plans to develop the range of fundraising activities to bolster applications to external sources.

5

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2024

Improving RETAS profile

The dual role of the above post will also assist RETAS to raise and expand the reach of its profile across a range of stakeholders. During next year there will be a more coordinated approach to marketing and awareness raising and a new approach to establishing a range of relationships with key stakeholder groups (including businesses) which has, to date been under developed. This will expand the range of partnerships and strengthen our relationships with them.

Management Information System (MIS)

In the latter stages of this period, plans have been drawn up for a new system. This will be a key focus for next year. The aim is to improve the quality and integrity of the data we collect and improve our capacity to analyse and use the data to better manage and report our performance. A new performance management framework will accompany this which will streamline what and how we capture data and use it to measure and improve our performance.

Human Resources and growing the offer

We continue to develop our team to ensure that we can keep improving on the quality of service we provide.

· Increasing the capacity of OISC support

· better customise staff training to ensure they are confident and equipped to meet current and future challenges

All the above will contribute to maintaining our positive staff recruitment and retention and most of all a passionate and dedicated team.

Quality Improvement

The dual external inspections of this period have been invaluable in providing an objective, expert insight into our work. Despite the successful outcomes in both, there are obviously still areas in which we can improve. Comprehensive action plans with be compiled to respond to the findings and ensure we continue to develop and improve.

Financial review

The net income for the year was £122,622, including net income of £38,832 on unrestricted funds and net income of £83,790 on restricted funds after transfers.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £444,671.

Our reserves policy aimed at maintaining a reserve level between 3 to 6 months of total expenses, which equates to a range of £170K to £340K based on budgeted annual expenditure of £679K.

The trustees recognise that current reserves are in excess of the policy target, however, two of our major funding sources, accounting for over 80% of our income, “NR” already ended Dec-23 and “BLF” will be coming to an end on in the next year Jun-25

The trustees have prudently increased reserves to cover potential funding gaps. This strategy ensures the charity's operations can continue at their current level during this funding gap period, providing time to secure new funding. It is expected that the reserve level will fall back to within the expected range over the next year.

This careful financial planning supports the charity's ongoing service delivery and financial stability.

6

RETAS Leeds

Trustees' report (continued) for the year ended 31 March 2024

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 14 November 2024

Robert Gosling (Trustee)

7

RETAS Leeds

Independent examiner's report to the trustees of RETAS Leeds

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 9 to 18.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Bostrom FCIE

15 November 2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

8

RETAS Leeds

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2024

Notes
2024
Unrestricted
funds
£
Income from:
Donations and legacies
(2)
92,430
Charitable activities
(3)
160,133
Bank interest
4,674
Total income
257,237
Expenditure on:
Charitable activities
(4)
221,139
Total expenditure
221,139
Net income / (expenditure)
36,098
Transfers between funds
2,734
Net movement in funds
38,832
Fund balances brought forward
412,260
Fund balances carried forward
(5)
451,092		 2024
Restricted
funds
£
495,318
-
-
495,318
408,794
408,794
86,524
(2,734)
83,790
88,198
171,988		 2024
Total
funds
£
587,748
160,133
4,674
752,555
629,933
629,933
122,622
-
122,622
500,458
623,080		 2023
Total
funds
£
446,706
139,032
1,822
587,560
558,499
558,499
29,061
-
29,061
471,397
500,458

All incoming resources and resources expended derive from continuing activities.

9

RETAS Leeds

Balance sheet

as at 31 March 2024
2024
Unrestricted
£
Fixed assets
Tangible assets
(6)
6,421
Total fixed assets
6,421
Current assets
Debtors and prepayments
(7)
46,578
Cash at bank and in hand
(8)
399,983
Total current assets
446,561
Current liabilities:
amounts falling due within one year
Accruals
1,890
Total current liabilities
1,890
Net current assets / (liabilities)
444,671
Net assets
451,092
Funds
Unrestricted funds
451,092
Restricted funds
-
Total funds
451,092		 2024
Restricted
£
-
-
142,207
29,781
171,988
-
-
171,988
171,988
-
171,988
171,988		 2024
Total
£
6,421
6,421
188,785
429,764
618,549
1,890
1,890
616,659
623,080
451,092
171,988
623,080		 2023
Total
£
8,467
8,467
227,041
266,840
493,881
1,890
1,890
491,991
500,458
412,260
88,198
500,458

For the year ending 31 March 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 14 November 2024

Robert Gosling (Trustee)

10

RETAS Leeds

Statement of cash flows

for the year ended 31 March 2024

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Bank interest
Purchase of tangible fixed assets (excluding donated assets)
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Depreciation charges
Bank interest
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand		 2024
£
160,984
4,674
(2,734)
1,940
162,924
266,840
429,764
2024
£
122,622
4,780
(4,674)
38,256
-
160,984
2024
£
4,729
425,035
429,764		 2023
£
10,742
1,822
(3,850)
(2,028)
8,714
258,126
266,840
2023
£
29,061
4,698
(1,822)
(21,153)
(42)
10,742
2023
£
62
266,778
266,840

11

RETAS Leeds

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Computer equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

12

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2024

2 Donations and legacies
Donations and legacies
Grants
Leeds Christian Community Trust (LCCT)
Leeds City Council (LCC)
Leeds Community Foundation (LCF)
National Lottery Community Fund (NCLF)
Refugee Council AMIF programme
Santander UK Foundation Ltd
Volition - Leeds
3 Charitable activities income
Contracts and service level agreements
Leeds City Council (LCC) Adult Education
Wakefield Council
Welcome to Leeds/Action Asylum
Fee income

Support costs
Support cost type
Management and admin salaries
Independent examination
Bank charges
Payroll fees
Memberships and subscriptions		 2024
Unrestricted
funds
£
92,430
-
-
-
-
-
-
-
92,430
2024
Unrestricted
funds
£
114,922
12,545
30,745
1,923
160,135		 2024
Restricted
funds
£
-
36,117
33,363
15,000
58,230
294,730
57,878
-
495,318
2024
Restricted
funds
£
-
-
-
-
-		 2024
Total
funds
£
92,430
36,117
33,363
15,000
58,230
294,730
57,878
-
587,748
2024
Total
funds
£
114,922
12,545
30,745
1,923
160,135
2024
Total
cost
£
246,205
1,890
191
4,638
2,957
255,881		 2023
Total
funds
£
4,102
-
88,240
10,000
-
280,127
59,036
5,201
446,706
2023
Total
funds
£
117,037
7,004
13,822
1,169
139,032
2023
Total
cost
£
119,690
2,190
197
3,153
595
125,825

4a Support costs

13

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2024

4b Charitable activities expenditure detail
Salaries and NI
(8c)
Freelance staff
Insurance
Printing, stationery, publications and telephone
Repairs and maintenance
Rent and rates
Catering
Travel expenses
Training costs
Subscriptions
Professional fees and consultancy
Sundry expenses
Independent examination
Bank charges
Depreciation
Equipment and office supplies
4c Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions
Payroll administration costs		 2024
Unrestricted
funds
£
177,185
4,620
476
11,646
690
1,442
2,864
10,207
78
1,634
2,640
68
1,890
191
4,780
728
221,139		 2024
Restricted
funds
£
340,747
-
572
1,722
90
43,853
1,399
3,225
15,049
1,323
-
-
-
-
-
814
408,794		 2024
Total
cost
£
517,932
4,620
1,048
13,368
780
45,295
4,263
13,432
15,127
2,957
2,640
68
1,890
191
4,780
1,542
629,933
2024
£
473,028
34,314
(5,000)
10,952
4,638
517,932		 2023
Total
cost
£
449,547
15,760
955
13,484
203
39,442
1,742
8,404
20,995
595
-
287
2,190
197
4,698
-
558,499
2023
£
409,050
32,839
(5,000)
9,505
3,153
449,547

The average number of employees during the year was 22.8, being an average of 15.5 full time equivalent (2023: 22.1, 14.9 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2024 2023
£ £
Costs of the scheme to the charity for the year 10,952 9,505

14

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2024

5 Restricted funds
NLCF Big Lottery Fund
LCC Bright Dreams
LCF Civic Trust Comm'ty Heritage
LCF Together for Ukraine
LCCT 1
LCCT 2
LCC LCCAS
LCC LASSN
LCC Multiply Project
Refugee Council - New Roots
Santander UK Foundation Ltd
LCC Syrian Refugee Programme
Volition - Leeds		 Balance b/f
£
17,032
234
-
6,729
-
-
-
-
-
474
55,186
3,342
5,201
88,198		 Incoming
£
58,230
-
15,000
-
25,000
11,117
19,013
7,500
6,000
294,730
57,878
850
-
495,318		 Outgoing
£
32,687
234
4,001
3,729
6,262
1,996
8,329
1,791
-
294,116
48,162
4,192
3,295
408,794		 Transfers
£
-
-
-
-
-
-
-
-
-
-
(2,734)
-
-
(2,734)		 Balance c/f
£
42,575
-
10,999
3,000
18,738
9,121
10,684
5,709
6,000
1,088
62,168
-
1,906
171,988

Fund name

NLCF Big Lottery Fund

LCC Bright Dreams LCF Civic Trust Comm'ty Heritage

LCF Together for Ukraine

LCCT 1 LCCT 2

LCC LCCAS

LCC LASSN

LCC Multiply Project Refugee Council - New Roots Santander UK Foundation Ltd

LCC Syrian Refugee Programme Volition - Leeds

Purpose of restriction

A project that provides tailored support to refugees who have just acquired their status. It focuses on the critical 28-day period, offering a holistic program that includes help with searching for housing, employment, education, and access to essential services to help them transition into society.

To purchase sewing machines and provide sewing courses to clients. To support a project which aims to mitigate negative perceptions, support local businesses, and foster integration among refugees & asylum seekers.

Providing a welcoming service to newly arrived Ukrainian asylum seekers an refugees in Leeds.

To provide support to households, particularly those including children and pensioners, who would otherwise struggle to buy food or pay essential utility bills or meet other essential living costs, to help them with significantly rising living costs.

To expand key services for asylum seekers in Leeds, including support on easing transitions, securing housing, and enhancing well-being through social activities and partnerships, addressing rising asylum rates and the increasing need for support.

To support asylum seeker for day travel passes, facilitating city navigation and improving access to essential services, thus enhancing their wellbeing.

To support training sessions and equipment for digital learning. Funding for the Asylum, Migration and Integration project.

Project aiming to reduce the digital gap for clients through increasing depth and range of courses, workshops, and interventions available to help individuals to develop their ICT proficiency. The transfer relates to the purchase of fixed assets - laptops for use by clients.

Full package of support for Syrian refugees arriving in the UK.

To support asylum seekers with a particular focus on promoting community well-being through meaningful conversations, activities and workshops.

15

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2024

6
7
**8 **		 Tangible assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
Debtors and prepayments
Prepayments
Accrued income
Cash at bank and in hand
Cash at bank
Cash in hand		 £
17,506
2,734
20,240
9,039
4,780
13,819
6,421
8,467
2024
£
761
188,024
188,785
2024
£
425,035
4,729
429,764
Computer
equipment		 Total
£
17,506
2,734
20,240
9,039
4,780
13,819
6,421
8,467
2023
£
794
226,247
227,041
2023
£
266,778
62
266,840

9 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £47,306 (previous year: £49,555).

16

RETAS Leeds

Notes to the accounts continued

for the year ended 31 March 2024

10 Transactions where the charity has acted as an agent
Funds received through the Acts 435 scheme
Funds passed on to individual beneficiaries in accordance with the scheme
Net movement in the year
Balance brought forward
Balance carried forward (excluded from charity balance sheet)
Donations received on behalf of other organisations
Funds passed on to other organisations
Net movement in the year
Balance brought forward
Balance carried forward (excluded from charity balance sheet)		 2024
£
25,680
25,005
675
1,005
1,680
£
40,101
40,101
-
-
-		 2023
£
35,716
37,011
(1,295)
2,300
1,005
£
-
-
-
-
-

The charity is a participant in the Act 435 scheme whereby the charity acts as an advocate and posts requests for help on the Acts 435 website on behalf of its beneficiaries who are in need. Donors visiting the Acts 435 website can give through the website with the aim of the individual people receiving all of the money donated. The charity advocate then contacts the individual and passes the donation on to them.

In this way the charity is acting as agent. The actual donations are made to the registered charity Acts 435, who is eligible to claim gift aid on the donations. This is how that charity funds its operational costs. Consequently the advocate charity (RETAS Leeds) is not able to claim gift aid on the donations.

The charity also received donations where the donors' intention was for RETAS Leeds to pass those funds on to other organisations. No balances were left in relation to those transactions.

17

RETAS Leeds

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024

2024
2023
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
92,430
4,102
Charitable activities
160,133
139,032
Bank interest
4,674
1,822
Total income
257,237
144,956
Expenditure
Charitable activities
221,139
146,782
Total expenditure
221,139
146,782
Net income / (expenditure)
36,098
(1,826)
Transfers between funds
2,734
3,850
Net movement in funds
38,832
2,024
Fund balances brought forward
412,260
410,236
Fund balances carried forward
451,092
412,260		 2024
Restricted
funds
£
495,318
-
-
495,318
408,794
408,794
86,524
(2,734)
83,790
88,198
171,988		 2023
Restricted
funds
£
442,604
-
-
442,604
411,717
411,717
30,887
(3,850)
27,037
61,161
88,198		 2024
Total
funds
£
587,748
160,133
4,674
752,555
629,933
629,933
122,622
-
122,622
500,458
623,080		 2023
Total
funds
£
446,706
139,032
1,822
587,560
558,499
558,499
29,061
-
29,061
471,397
500,458

18